39.9 USD
+0.21 (+0.53%)
39.9 USD
0 (0%)
Overall BSY gets a fundamental rating of 5 out of 10. We evaluated BSY against 276 industry peers in the Software industry. While BSY has a great profitability rating, there are quite some concerns on its financial health. BSY has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year BSY was profitable.
In the past year BSY had a positive cash flow from operations.
In the past 5 years BSY has always been profitable.
Each year in the past 5 years BSY had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 7.77%, BSY is doing good in the industry, outperforming 78.99% of the companies in the same industry.
With an excellent Return On Equity value of 22.53%, BSY belongs to the best of the industry, outperforming 88.77% of the companies in the same industry.
BSY has a better Return On Invested Capital (10.86%) than 86.59% of its industry peers.
BSY had an Average Return On Invested Capital over the past 3 years of 8.00%. This is below the industry average of 10.78%.
The 3 year average ROIC (8.00%) for BSY is below the current ROIC(10.86%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.77% | ||
| ROE | 22.53% | ||
| ROIC | 10.86% |
ROA(3y)7.42%
ROA(5y)7.4%
ROE(3y)30.01%
ROE(5y)29.96%
ROIC(3y)8%
ROIC(5y)10.54%
1.3 Margins
BSY's Profit Margin of 18.44% is amongst the best of the industry. BSY outperforms 80.80% of its industry peers.
In the last couple of years the Profit Margin of BSY has grown nicely.
The Operating Margin of BSY (24.23%) is better than 89.49% of its industry peers.
BSY's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 81.20%, BSY belongs to the best of the industry, outperforming 85.51% of the companies in the same industry.
In the last couple of years the Gross Margin of BSY has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.23% | ||
| PM (TTM) | 18.44% | ||
| GM | 81.2% |
OM growth 3Y5.52%
OM growth 5Y3.69%
PM growth 3Y21.55%
PM growth 5Y4.39%
GM growth 3Y1.43%
GM growth 5Y0.13%
2. Health
2.1 Basic Checks
BSY has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
BSY has more shares outstanding than it did 1 year ago.
The number of shares outstanding for BSY has been increased compared to 5 years ago.
The debt/assets ratio for BSY has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.84 indicates that BSY is not in any danger for bankruptcy at the moment.
BSY has a better Altman-Z score (3.84) than 67.03% of its industry peers.
The Debt to FCF ratio of BSY is 2.71, which is a good value as it means it would take BSY, 2.71 years of fcf income to pay off all of its debts.
BSY has a Debt to FCF ratio of 2.71. This is in the better half of the industry: BSY outperforms 65.22% of its industry peers.
A Debt/Equity ratio of 1.04 is on the high side and indicates that BSY has dependencies on debt financing.
The Debt to Equity ratio of BSY (1.04) is worse than 77.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 2.71 | ||
| Altman-Z | 3.84 |
ROIC/WACC1.04
WACC10.47%
2.3 Liquidity
A Current Ratio of 0.61 indicates that BSY may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.61, BSY is doing worse than 91.30% of the companies in the same industry.
BSY has a Quick Ratio of 0.61. This is a bad value and indicates that BSY is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of BSY (0.61) is worse than 91.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
BSY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.49%, which is quite good.
BSY shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.41% yearly.
Looking at the last year, BSY shows a quite strong growth in Revenue. The Revenue has grown by 11.12% in the last year.
BSY shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.93% yearly.
EPS 1Y (TTM)8.49%
EPS 3Y8.4%
EPS 5Y12.41%
EPS Q2Q%12.5%
Revenue 1Y (TTM)11.12%
Revenue growth 3Y11.93%
Revenue growth 5Y12.93%
Sales Q2Q%12.05%
3.2 Future
BSY is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.45% yearly.
Based on estimates for the next years, BSY will show a quite strong growth in Revenue. The Revenue will grow by 9.22% on average per year.
EPS Next Y11.84%
EPS Next 2Y12.61%
EPS Next 3Y13.1%
EPS Next 5Y14.45%
Revenue Next Year10.24%
Revenue Next 2Y10.2%
Revenue Next 3Y10.09%
Revenue Next 5Y9.22%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 34.70, BSY can be considered very expensive at the moment.
BSY's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of BSY to the average of the S&P500 Index (27.00), we can say BSY is valued slightly more expensively.
With a Price/Forward Earnings ratio of 29.40, BSY can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, BSY is valued a bit cheaper than the industry average as 60.87% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of BSY to the average of the S&P500 Index (23.70), we can say BSY is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.7 | ||
| Fwd PE | 29.4 |
4.2 Price Multiples
68.12% of the companies in the same industry are more expensive than BSY, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, BSY is valued a bit cheaper than 73.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.32 | ||
| EV/EBITDA | 31.41 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BSY does not grow enough to justify the current Price/Earnings ratio.
BSY has an outstanding profitability rating, which may justify a higher PE ratio.
BSY's earnings are expected to grow with 13.10% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.93
PEG (5Y)2.8
EPS Next 2Y12.61%
EPS Next 3Y13.1%
5. Dividend
5.1 Amount
With a yearly dividend of 0.73%, BSY is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.54, BSY pays a better dividend. On top of this BSY pays more dividend than 90.94% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.94, BSY's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.73% |
5.2 History
BSY has been paying a dividend for over 5 years, so it has already some track record.
BSY has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years4
5.3 Sustainability
BSY pays out 30.41% of its income as dividend. This is a sustainable payout ratio.
DP30.41%
EPS Next 2Y12.61%
EPS Next 3Y13.1%
39.9
+0.21 (+0.53%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners46.83%
Inst Owner Change0%
Ins Owners40.33%
Ins Owner Change-0.52%
Market Cap12.11B
Revenue(TTM)1.46B
Net Income(TTM)269.25M
Analysts77
Price Target59.44 (48.97%)
Short Float %8.51%
Short Ratio7.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.73% |
Yearly Dividend0.24
Dividend Growth(5Y)N/A
DP30.41%
Div Incr Years2
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.45%
Min EPS beat(2)-2.54%
Max EPS beat(2)11.45%
EPS beat(4)2
Avg EPS beat(4)4.67%
Min EPS beat(4)-4.04%
Max EPS beat(4)13.82%
EPS beat(8)5
Avg EPS beat(8)9.68%
EPS beat(12)9
Avg EPS beat(12)11.56%
EPS beat(16)13
Avg EPS beat(16)13.89%
Revenue beat(2)1
Avg Revenue beat(2)-0.11%
Min Revenue beat(2)-0.85%
Max Revenue beat(2)0.63%
Revenue beat(4)2
Avg Revenue beat(4)-0.34%
Min Revenue beat(4)-1.14%
Max Revenue beat(4)0.63%
Revenue beat(8)3
Avg Revenue beat(8)-0.85%
Revenue beat(12)6
Avg Revenue beat(12)-0.02%
Revenue beat(16)8
Avg Revenue beat(16)0.08%
PT rev (1m)0.04%
PT rev (3m)-1.86%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.14%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.59%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.7 | ||
| Fwd PE | 29.4 | ||
| P/S | 8.3 | ||
| P/FCF | 26.32 | ||
| P/OCF | 25.31 | ||
| P/B | 10.13 | ||
| P/tB | N/A | ||
| EV/EBITDA | 31.41 |
EPS(TTM)1.15
EY2.88%
EPS(NY)1.36
Fwd EY3.4%
FCF(TTM)1.52
FCFY3.8%
OCF(TTM)1.58
OCFY3.95%
SpS4.81
BVpS3.94
TBVpS-4.6
PEG (NY)2.93
PEG (5Y)2.8
Graham Number10.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.77% | ||
| ROE | 22.53% | ||
| ROCE | 13.59% | ||
| ROIC | 10.86% | ||
| ROICexc | 11.6% | ||
| ROICexgc | N/A | ||
| OM | 24.23% | ||
| PM (TTM) | 18.44% | ||
| GM | 81.2% | ||
| FCFM | 31.52% |
ROA(3y)7.42%
ROA(5y)7.4%
ROE(3y)30.01%
ROE(5y)29.96%
ROIC(3y)8%
ROIC(5y)10.54%
ROICexc(3y)8.22%
ROICexc(5y)11.91%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)10%
ROCE(5y)13.18%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y4.29%
ROICexc growth 5Y-15.93%
OM growth 3Y5.52%
OM growth 5Y3.69%
PM growth 3Y21.55%
PM growth 5Y4.39%
GM growth 3Y1.43%
GM growth 5Y0.13%
F-Score8
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 2.71 | ||
| Debt/EBITDA | 2.97 | ||
| Cap/Depr | 27.71% | ||
| Cap/Sales | 1.26% | ||
| Interest Coverage | 32.41 | ||
| Cash Conversion | 113.9% | ||
| Profit Quality | 170.89% | ||
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 3.84 |
F-Score8
WACC10.47%
ROIC/WACC1.04
Cap/Depr(3y)27.47%
Cap/Depr(5y)32.2%
Cap/Sales(3y)1.59%
Cap/Sales(5y)1.72%
Profit Quality(3y)148.6%
Profit Quality(5y)185.51%
High Growth Momentum
Growth
EPS 1Y (TTM)8.49%
EPS 3Y8.4%
EPS 5Y12.41%
EPS Q2Q%12.5%
EPS Next Y11.84%
EPS Next 2Y12.61%
EPS Next 3Y13.1%
EPS Next 5Y14.45%
Revenue 1Y (TTM)11.12%
Revenue growth 3Y11.93%
Revenue growth 5Y12.93%
Sales Q2Q%12.05%
Revenue Next Year10.24%
Revenue Next 2Y10.2%
Revenue Next 3Y10.09%
Revenue Next 5Y9.22%
EBIT growth 1Y22.88%
EBIT growth 3Y18.11%
EBIT growth 5Y17.09%
EBIT Next Year16.54%
EBIT Next 3Y14.75%
EBIT Next 5Y10.9%
FCF growth 1Y34.82%
FCF growth 3Y15.91%
FCF growth 5Y22.26%
OCF growth 1Y30.85%
OCF growth 3Y14.76%
OCF growth 5Y20.58%
BENTLEY SYSTEMS INC-CLASS B / BSY FAQ
Can you provide the ChartMill fundamental rating for BENTLEY SYSTEMS INC-CLASS B?
ChartMill assigns a fundamental rating of 5 / 10 to BSY.
Can you provide the valuation status for BENTLEY SYSTEMS INC-CLASS B?
ChartMill assigns a valuation rating of 4 / 10 to BENTLEY SYSTEMS INC-CLASS B (BSY). This can be considered as Fairly Valued.
Can you provide the profitability details for BENTLEY SYSTEMS INC-CLASS B?
BENTLEY SYSTEMS INC-CLASS B (BSY) has a profitability rating of 8 / 10.
What are the PE and PB ratios of BENTLEY SYSTEMS INC-CLASS B (BSY) stock?
The Price/Earnings (PE) ratio for BENTLEY SYSTEMS INC-CLASS B (BSY) is 34.7 and the Price/Book (PB) ratio is 10.13.
What is the financial health of BENTLEY SYSTEMS INC-CLASS B (BSY) stock?
The financial health rating of BENTLEY SYSTEMS INC-CLASS B (BSY) is 3 / 10.